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Trading CFDs on SaxoTrader - Video Script​

FINDING INSTRUMENT

2. To view the available ​CFD products to trade, select
Trading, then
Instrument Explorer and drop down to
CFDs.

3. You can also search for the CFD of your choice by entering its name or ticker into the "Look for" field. For example, enter "DBK" into the field.

5.Right click on the chosen CFD in order to open the
Trade Ticket.

6. The
Trade Ticket window opens and allows you to either trade at market prices or place a trade order at a specific price.

Clients on live accounts can subscribe to the relevant exchange in order to trade on live prices.

7. To enable the subscription to the real time stock and CFD price data go to
Account tab and click on the
Manage subscriptions module.

8. When trading on the Demo account, CFD
prices are delayed by 15 minutes which is indicated by the
clock icon.

9. Clients must place trade orders in the Order Tab of the trade ticket.

10. Enter the
amount you would like to trade. For example
500 Deutsche Bank CFDs.

11. Select a market order by clicking "Market" in the
Entry type field.

12. Costs such as
CFD financing,
ticket fees and
margin requirements can be viewed in the
Info and
Margin section of the trade ticket prior to placing the trade request.

13. Confirm your trade order by clicking
Place Order.

14. A trade confirmation appears on the screen if the market order is executed.

15. You can view the new position in the "Open Positions" section of the
Account

SUMMARY

Simply click on​
Account and then go to the
Account Summary.

1. To place a related
Limit order or Stop order, click on these icons respectively and select your stop loss and take profit prices.

2. Once you have defined your required price levels and selected the desired duration, click on the
Place orders button.

3. A window containing all relevant order information will appear. Review the displayed order information and confirm the details to place the order.

4. An order confirmation will appear.

5. If price will reach Take Profit of Stop Loss level Trade Confirmation window will appear.

6. To view your open orders, proceed to the
Trading tab and click on Open Orders.

7. To view all your
open positions, proceed to the
Trading tab and click on Open Positions. You can immediately close an open position or place a related order such as a Stop Loss or a Limit (Take Profit) order.​

​

CHART MODULE

1. In order to open the
Chart module, select
Trading and thenclick on New Chart.
13. Enter the instrument you wish to view into the
Instrument field.

2. To view your placed orde​r and related orders enter
DBK.

3. Furthermore, icons showing your open positions, as well as related orders for this particular instrument, will appear on the chart.

4. To change your related orders you can easily click on the line and drag it up or down in the chart.

5. Once you selected your desired price level click on the
Change Order button.

6. Review the displayed order information and confirm the details to change the order